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Strategies & Market Trends : Mish's Global Economic Trend Analysis -- Ignore unavailable to you. Want to Upgrade?

To: mishedlo who wrote (94123)	2/12/2009 12:54:50 PM
From: axial	Respond to of 116555

Mish, the truth is slowly emerging. Discussions on your thread have been recalling The Great Depression, with good reason. Especially, the return of thinking that characterized the disappointment and despair of millions, betrayed by those entrusted with prudent conduct. "The economy is going to define our politics in this region and in Britain in the next year, the next five years, the next 10 and even the next 15 years," Mr Balls said. "These are seismic events that are going to change the political landscape. I think this is a financial crisis more extreme and more serious than that of the 1930s, and we all remember how the politics of that era were shaped by the economy." Jim